Alta Completes $47.5 Million Series A Financing Led by Index Ventures

Alta has completed a $47.5 million Series A financing round, led by Index Ventures, with participation from GV, Blackbird Ventures, Square Peg, and Capital49. The valuation for this round has not been disclosed. Previously, Alta raised $32.5 million in a seed round, with Airwallex as the main investor. Alta provides a pluggable compliance layer and privacy tools to help financial institutions handle on-chain transactions according to the requirements of different jurisdictions. Airwallex is promoting Alta to its global clients for processing cryptocurrency transactions.

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